Nevada Copper Corp NEVDQ

Metals & Mining Copper

Nevada Copper Corp is a Canada-based mining company. The Company is engaged in the development, operation, and exploration of its copper project (the Project) at its Pumpkin Hollow Property (the Property) in Western Nevada, United States of America. Its two fully permitted projects include the high-grade Underground Mine and processing facility, which is undergoing a restart of operations, and a large-scale open pit PFS stage project. The Property is located in northwestern Nevada and consists of approximately 24,300 acres of contiguous mineral rights including approximately 10,800 acres of owned private land and leased patented claims. Pumpkin Hollow is located approximately 8 miles southeast of the small town of Yerington, Nevada in Lyon County, one- and one-half hours drive southeast of Reno. The Company’s wholly owned subsidiary is Nevada Copper, Inc.

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Nevada Copper Corp > Do the shareholders get a payout?

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Comment by cnynmanon Sep 09, 2024 6:40pm

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Post# 36215648

RE:Do the shareholders get a payout?

There was over $500M in debt,plus all the accumulted legal and court fees since the proceeding began.

The $128M will be gobbled up by the registered creditors, who will be fighting for scraps until nothing is left.
Be thankful that as a common shareholder you are not held liable for the remaining, unpaid debt.

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